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Nifty new all-time high may be 2-3 months away, but crude oil remains key risk: SVP, Religare Broking

Published by ANI (Asian News International) · India 8 h ago
Nifty new all-time high may be 2-3 months away, but crude oil remains key risk: SVP, Religare Broking
ANI (Asian News International)

Detailed summary

The Nifty could reclaim its all-time high over the next two to three months, provided domestic and global conditions remain supportive, but a sustained rally will depend on broader participation from mid-cap and small-cap stocks and a decline in crude oil prices, Ajit Mishra, Senior Vice President, Research, Religare Broking, told ANI.

New Delhi [India], November 13 (ANI): The Nifty could reclaim its all-time high over the next two to three months, provided domestic and global conditions remain supportive, but a sustained rally will depend on broader participation from mid-cap and small-cap stocks and a decline in crude oil prices, Ajit Mishra, Senior Vice President, Research, Religare Broking, told ANI.Mishra said the domestic market has witnessed a sharp recovery in recent weeks, bringing the benchmark index close to its previous record levels.

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